Monitor for follow-on orders or expansion of the contract to other states via reciprocity; watch for Q2 earnings commentary on public sector momentum. Absent financial details, this is a procedural win with limited immediate financial impact.
Price Chart
Executive Summary
Akamai announced a new data communications contract with the State of Montana, enabling state and local agencies, schools, and potentially other U.S. states to more easily procure its security and cloud solutions through a pre-competed vehicle. The deal simplifies procurement for public sector entities focused on cybersecurity and digital transformation, with Carahsoft serving as a key partner for fulfillment and support.
Key Facts
- Akamai secured a data communications contract vehicle with the State of Montana.
- The contract allows state and local agencies, educational institutions, and potentially other states (via reciprocity) to access Akamai’s security and cloud solutions without traditional bidding.
- Carahsoft is the designated partner for order fulfillment and technical guidance.
- No financial terms, contract value, or duration were disclosed.
Financial Impact
Unknown — no dollar value, revenue impact, or contract term disclosed
Risk Factors
- No disclosed contract value or minimum spend, limiting visibility into revenue potential.
- Recent insider selling ($3.8M in 30 days) could signal muted confidence despite the announcement.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3266422 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 21, 2026 10w ago | Institutional Cluster | $124.91 $115.20 | ▼ −7.77% | ▼ −10.34% | $106.93 (−14.39%) |
Jul 8, 2026 12w ago | Press Release | $126.57 $122.27 | ▼ −3.40% | ▼ −6.67% | $106.93 (−15.52%) |
Jul 2, 2026 13w ago | Press Release | $113.17 $113.75 | ▲ +0.51% | ▲ +0.93% | $106.93 (−5.51%) |
Jun 4, 2026 17w ago | Press Release | $158.98 $113.17 | ▼ −28.81% | ▼ −27.44% | $106.93 (−32.74%) |
Jun 3, 2026 17w ago | Press Release | $160.36 $113.17 | ▼ −29.43% | ▼ −28.43% | $106.93 (−33.32%) |
Jun 2, 2026 17w ago | Press Release | $160.32 $112.81 | ▼ −29.63% | ▼ −28.07% | $106.93 (−33.30%) |
May 22, 2026 18w ago | 8-K | $148.21 $120.33 | ▼ −18.81% | ▼ −16.86% | $106.93 (−27.85%) |
May 20, 2026 19w ago | 8-K | $143.55 $124.91 | ▼ −12.98% | ▼ −13.73% | $106.93 (−25.51%) |
May 14, 2026 20w ago | Press Release | $155.67 $133.50 | ▼ −14.24% | ▼ −13.38% | $106.93 (−31.31%) |
May 7, 2026 21w ago | Press Release | $147.71 $149.32 | ▲ +1.09% | ▲ +1.07% | $106.93 (−27.61%) |
US Market Status
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